October 25, 2018 / 6:24 AM / a month ago

Vivo Energy's third-quarter profit hit by supply disruptions

Oct 25 (Reuters) - Vivo Energy reported on Thursday a drop in third-quarter gross cash profit, hit by a slowdown in retail volume due to short-term supply disruptions in Kenya, Uganda and Ivory Coast.

The company, which distributes and markets Shell-branded fuels and lubricants in Africa, said gross cash profit fell to $167 million in the quarter ended Sept. 30, from $171 million a year earlier. (Reporting by Shariq Khan in Bengaluru; Editing by Amrutha Gayathri)

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